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USDJPY: The Pair May Drop! Here is Why đŸ‡șđŸ‡žđŸ‡ŻđŸ‡”

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USA-dollar/Japansk yen (OANDA:USDJPY)  
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OANDA:USDJPY   USA-dollar/Japansk yen
Supply and Demand Candlestick Analysis Parallel Channel USDJPY yen japaneseyen priceaction priceactionanalysis priceactiontrading priceactionstrategy
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supplyanddemand candlestick parallelchannel usdjpy yen japaneseyen priceaction priceactionanalysis priceactiontrading priceactionstrategy
snapshot

Even though USDJPY is trading in a bullish trend, the pair did not manage to break a previous high 116.35 and
set an equal high instead.

Then the market broke and closed below a support line of a rising channel.

It looks like the pair may drop at least to 114.25 level with a potential continuation to 113.6.

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